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L&T emerges as lowest bidder in multiple projects
New Delhi: Larsen and Toubro (L&T) has emerged as the lowest bidder in multiple infrastructure projects, including ONGC, Nuclear Power Corporation and Chennai Metro Rail.
On the ONGC NLRNC project, sources said L&T Hydrocarbon…
Kolhapur, Dakshina Kasi
It was the erstwhile capital of an important Maratha state and is dotted with some splendid palaces and royal homes. Kolhapur is also known as the Dakshina Kasi, as the temples here are considered amongst the most important in Maharashtra.…
Fitch expects gradual recovery for Indian aviation with risk of higher competition
Chicago, US: Fitch Ratings expects average revenue passenger kilometres for India's airlines to remain 40 per cent below 2019 levels in 2021 despite recovering from being 65 per cent lower in 2020.
Domestic passenger traffic remains weak…
Bitcoin’s rebound: 3 reasons this bubble may not burst
Bitcoin is back. Three years after the bubble that inflated its value from US$5,000 to US$20,000 in less than three months burst in spectacular fashion, plunging more than 80%, the cryptocurrency is again on the verge of a record high.…
Profit booking dents market, cement stocks down
Mumbai: Profit-booking along with subdued global cues pulled the Indian equity indices lower during the mid-afternoon trade session on Thursday.
Accordingly, Nifty opened on a negative note and breached its 'Higher Lows' sequence after…
Cabinet approves plan to set up expansive public wifi network under PM-WANI
New Delhi: The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to the proposal floated by the Department of Telecommunications (DoT) for setting up of public wi-fi networks by Public Data Office Aggregators…
BSNL to set up optical fibre cable connectivity between Kochi & Lakshadweep
New Delhi: The Union Cabinet has given its approval for provision of submarine optical fibre cable connectivity between Kochi and Lakshadweep Islands (KLI Project) and the project will be executed by state-run Bharat Sanchar Nigam Ltd…
Employees’ and emplyers’ PF shares under Atmanirbhar Bharat Rojgar Yojana
New Delhi: The Union Cabinet has given its approval for Atmanirbhar Bharat Rojgar Yojana (ABRY) to boost employment in the formal sector and incentivize the creation of new employment opportunities during the Covid recovery phase under…
Festive season sequentially lifts Nov auto retail sales
New Delhi: The festive season boosted India's automobile retail sales by 29.32 per cent in November on a sequential basis, industry data showed on Tuesday.
However, sales remained in the red on a year-on-year basis.
The Federation of…
TVS Srichakra to expand production at outlay of Rs 1,000 crore
Chennai: Automotive tyre maker TVS Srichakra Ltd. on Tuesday said it would invest Rs 1,000 crore over a three-year period to expand the production capacity at its Madurai (Tamil Nadu) and Pantnagar (Uttarakhand) plants.
In a statement…
Mukesh Ambani calls for policy steps for early roll out of 5G
New Delhi: Reliance Industries (RIL) Chairman Mukesh Ambani on Tuesday said there was a requirement of policy measures for the early roll out of the fifth generation (5G) connectivity technology.
Addressing the inaugural session of India…
Airlines waive off rescheduling, no-show charges amid Bharat Bandh
New Delhi: In a relief for flyers, airlines have waived-off cancellation, rescheduling charges for passengers, who could not report for their flights amid the traffic disruption caused due to 'Bharat Bandh' on Tuesday.
The farmers from…
NortonLifeLock to acquire cybersecurity firm Avira for $360mn
London: Consumer cybersecurity brand NortonLifeLock has said it will acquire German cybersecurity firm Avira in an all-cash transaction for approximately $360 million.
The announcement on Monday comes eight months after Investcorp…
Petrol, diesel prices rise for sixth straight day
NEW DELHI: Petrol and diesel prices rose for the sixth day in a row on Monday as rates went up by 26-30 paise per litre.
Petrol price was hiked by 30 paise per litre and diesel by 26 paise, according to a price notification of oil…
Banks will now pay for not resolving complaints
NEW DELHI: Have you made a complaint to your bank but the lender has failed to resolve the grievance? From January 2021 onwards ,this is going to result in a tangible financial charge on the bank, according to new changes in regulations…
Withdrawal norms, RTGS timings changed
NEW DELHI: Beginning December, a few changes have been introducedwith regards to RTGS transactions, for all banks, and ATM withdrawals, if you are an account-holder in Punjab National Bank (PNB). First, the Reserve Bank in its policy…
RBI still cautious on durability of growth
The RBI kept benchmark policy rates unchanged, but emerged as a generous patron. Notwithstanding the unhelpful baggage of rising retail inflation, it committed to yield a yard and remain accommodative of both rate cuts and liquidity…
CBI registers case against Unitech MD in Canara bank fraud
NEW DELHI: The CBI has booked Managing Director of Unitech Sanjay Chandra, his father Ramesh and brother Ajay for alleged bank fraud of Rs 198 crore in Canara bank, officials said Sunday.
The CBI after registering the fresh case against…
It’s Mizoram’s moment under the sun! State commissions its 1st 2 MW solar PV plant
Mizoram has carved a place for itself in the solar energy map of India as it has commissioned its first solar power plant at Tlungvel
Explore Puri, The Resting Place Of Lord Vishnu!
The Jagannatha Temple at Puri is one of the major Hindu temples built in the Kalinga style of architecture. The temple tower, with a spire, rises to a height of 58 meters (190 ft), and a flag is unfurled above it, fixed over a wheel…
